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2020 Belmont Stakes: Tiz the Law is Odds-On Fave for First Leg of Triple Crown

Belmont Stakes 2019 race finish. Normally the last leg in the Triple Crown, the race will be the first in 2020.

The Belmont Stakes kicks off the Triple Crown on Saturday, June 20, and Tiz the Law is the odds-on betting favorite at -135 to win the race in front of an empty gallery. Sporting events with no fans in attendance are likely to be a common occurrence for the remainder of 2020 due to the COVID-19 pandemic and the 152nd running of the prestigious horse race is no exception.

The best horse racing betting sites have Tiz the Law as a huge fave with the next horse, Tap it to Win, at +600. The Kentucky Derby is usually the first leg of the Triple Crown in May but the race at Churchill Downs was postponed to September and will be the second leg, with the Preakness Stakes now slated for October as the finale.

If you’ve never bet on horse racing before and are unsure of which sportsbook to use, don’t sweat it. Odds Shark has put together a handy Belmont Stakes Betting Guide that even seasoned bettors may want to review to ensure you’re picking the best betting site for you.

For now, here are the odds for the 10 horses scheduled to run in the Belmont Stakes:

Who’s the Favorite to win the Belmont Stakes?

Belmont Stakes: Odds to win the 2020 Race
Horse (Lane)Odds
Tiz the Law (8)-135
Tap it to Win (1)+600
Sole Volante (2) +700
Dr. Post (9)+750
Pneumatic (10)+1600
Max Player (3)+1800
Modernist (4)+2200
Farmington Road (5)+2200
Fore Left (6)+4000
Jungle Runner (7)+5000

Odds as of June 19 at Bovada

Broadcast Dates and Key Betting Info

The Belmont Stakes is an annual horse race put on by the New York Racing Association at Belmont Park and will be broadcast on NBC from 3 p.m. to 6 p.m. ET. Usually, the Belmont falls on a busy sports weekend, with the NBA and NHL playoffs underway and the MLB season in full swing, but with return dates for sports up in the air, this could be one of the only games in town.

With the Belmont Stakes running two weeks later than in previous years, there are some slight changes to the race that bettors need to know about. For example, a key change is that the length of the race has been reduced from its traditional 1.5 miles to 1.13. For reference, it’s been held at 1.5 miles since 1926.

That’s why the Belmont has usually been the last of the three Triple Crown races as it allows three-year-old horses time to develop and build up endurance for the longer race. Now, to sweep this year’s series, a horse will have to win in June, come back in September for the Kentucky Derby, and then wait another month for the Preakness Stakes. That’s something to keep in mind for bettors aiming to wager on Triple Crown props.

Belmont Stakes Historical Winners and Odds

When betting on horse racing at the Belmont Stakes, it’s assumed that the favorites typically are the ones to gallop to victory but did you know the betting fave has only won twice in the last 10 years?

Here at Odds Shark, we believe in order to bet on the future, you have to know your past. That’s why we’ve compiled the closing betting odds for every winning horse at the Belmont Stakes since 2009 so bettors can see for themselves that betting on the 4/5 fave (-125) is not always the best way to go. 

Take a look below to see the winners, lane, runtime and the closing odds over the last 10 years:

Belmont Stakes Winners and Odds History
YearWinner (*Denotes Favorite)LaneClosing OddsRun Time
2019Sir Winston7+10002:28:30
2018Justify*1-1252:28:18
2017Tapwrit2+6002:30:02
2016Creator13+15002:28:51
2015American Pharoah*5-1672:26:65
2014Tonalist11+12002:28:52
2013Palace Malice12+13002:30:70
2012Union Rags3+3002:30:42
2011Ruler On Ice7+24002:30:88
2010Drosselmeyer7+13002:31:57
2009Summer Bird4+12002:27:54

Understanding Belmont Stakes Odds

When you check out futures betting props like Belmont Stakes Odds at your sportsbook, you’ll see odds that look something like this:

Tiz the Law -135

Tap it to Win +600

Sole Volante +750

To bet on these odds, you would be making a futures bet. This is similar to a moneyline bet as you’d see which horse is the clear favorite because they have a minus sign beside their odds (-). The horse with the lowest odds is favored to win the Belmont Stakes and the rest are underdogs.

At -135, oddsmakers are giving Tiz the Law a 55.6 percent shot at winning. If you were to lay down $100 on Tiz the Law, you’d get a payout of $174.07 – your $100 is returned along with your winnings of $74.07.

Our Odds Calculator will show you how much you’d win based on the odds and amount bet.